Pillar Commercial
@PillarCRE
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Pillar Commercial is a full service commercial real estate firm specializing in office, retail and industrial developments.
Dallas, Texas
Joined July 2012
A study by @NAIOP Commercial Real Estate Development Association shows that commercial real estate activity in Texas continues to outperform the rest of the country, by a wide margin, nearly tripling #2 Florida. https://t.co/gyZNL6mLO7
candysdirt.com
Texas logged more CRE activity in 2024 than any other state in the nation, clocking $59.3 billion in direct expenditures.
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DFW job growth continues to outpace most of the country. BLS forecasts DFW job growth of 1.6% this year, ahead of 1.4% for US overall. Low taxes and a pro-business environment remain the economic engine for job growth in Texas. https://t.co/Hl9CyPeuU1
dallasnews.com
The Dallas-Fort Worth area’s labor market is holding up well, even as formerly high-flying U.S. employment slows to cruising altitude.
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Pillar has recapitalized Collins Square, a 215k sq ft Texas property home to a major operations hub for Travelers Insurance. New ownership structure includes Pillar Real Estate Fund II, @HallCapital, H. Goldenberg and @FormationInterests.
therealdeal.com
Pillar Commercial landed a recapitalization deal for Travelers Insurance’s corporate hub in Richardson. The deal will retire the debt on Collins Square, a 215,000-square-foot office building that’s...
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On Veterans Day, Pillar Commercial salutes all the brave men and women who have served our country in the armed forces. Your sacrifice has preserved and protected our country, and for that we are eternally grateful. #USA #veteransday #navy #army #airforce #marines #coastguard
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The right to freely elect our leaders is one of the most fundamental privileges we have as U.S. citizens. Pillar Commercial encourages everyone to exercise this right and vote today. Find your voting place here: https://t.co/kICnXMqRRe https://t.co/hD0tzmRUd3
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Pillar Commercial CEO Manny Ybarra will speak at Bisnow’s State of the Market event October 9th on “Financing and Capital Strategies Deep Dive,” which will investigate opportunities, investment trends and doing deals in today’s environment. https://t.co/MahgzKLGRR
bisnow.com
A deep dive into commercial real estate activity and trends including construction & design, capital markets, and the future of the suburbs across McKinney, Allen, Frisco, Melissa and more.
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D-FW is poised to become the country’s third most important financial center after New York and Chicago. “We’ve built a really optimal environment for businesses, which applies to and enables financial services and industries broadly as well.” https://t.co/RYeIFwD2Y2
dallasnews.com
New business relocations, a stock exchange and much more are at the center of Dallas' next stage of business growth.
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Pillar Commercial wishes each of you a happy Independence Day! Stay safe, enjoy your time with friends and loved ones, and don’t forget the blessing we have to live in this great country! Let freedom ring!
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On Memorial Day Weekend, Pillar Commercial honors all who have bravely given their lives for this great country. Their ultimate sacrifice has preserved and protected our freedoms, and for that we are eternally grateful! #USA #memorialday #sacrifice #navy#carrytheload
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https://t.co/uTHTDymQhX reports that Dallas ranks #1 for workers returning to the office. Analyzing foot traffic patterns via cell phone data showed office visits were up 25% in February 2024 over 2023. San Francisco and Miami ranked just behind Dallas. https://t.co/ylXSWp1I9a
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Texas commercial real estate is big business according to NAIOP. In 2023, CRE contributed $185 billion to Texas’ GDP, supporting 1.2 million jobs. Texas’ office, warehouse, industrial and retail sectors ranked #1 for total contributions to state GDP. https://t.co/0bMEkp2fiv
bisnow.com
The commercial real estate industry in Texas is more impactful to the state economy than anywhere else in the nation.
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The Dallas economy continues to outperform the rest of the nation, benefitting commercial real estate sector. Business-friendly tax regulations, lower cost of housing and plenty of available land are North Texas advantages. https://t.co/0BPT3GJ1dO
bisnow.com
Investment continues to flow to Dallas, thanks to business-friendly regulations, a lower cost of housing and plenty of available land.
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Texas’ robust job market continues to drive population growth. In 2023, Texas had four of the nation’s top 10 growth cities, led by #1 DFW and #2 Houston. Austin was #7 and San Antonio #9. Texas also had 8 of the top 10 counties for population growth. https://t.co/CIE895Xju7
dallasnews.com
D-FW grew by the size of a large suburb last year, building on the expansion that saw the region surpass 8 million in population at the start of 2023.
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Texas won Site Selection’s Governor’s Cup for the 12th straight year. The award ranks states by how many new corporate facilities are being built and how many current ones are being expanded. Texas more than doubled second place Illinois. https://t.co/JtrNkgn4ny
dallasnews.com
Texas’ 1,254 projects far outdistanced other states. Among metros, Dallas-Fort Worth ranked second nationally and tops among Texas cities.
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Only a small segment of office buildings are struggling with vacancy JLL reports. “Over 60% of office vacancy is centralized in 10% of buildings, with 39% of buildings having no vacant space.” Leasing is increasing in newer, more amenitized buildings. https://t.co/C1XSWaHNYz
bisnow.com
Despite record-low vacancies across the country, only a small number of buildings are experiencing low occupancy rates.
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A Zillow report shows that Texas gained a net 76,000 Gen Z movers in 2022, nearly the same total as the next two states combined. Gen Z is choosing Texas because of plentiful jobs and affordable cost of living, especially as compared to the coasts. https://t.co/Dr6dOIvrfE
dallasnews.com
With Gen Z expected to overtake Baby Boomers in the national workforce, Texas is winning big by attracting the youngest workers in the nation.
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Texas Workforce Commission data highlights the ongoing strength of the Texas economy. Texas added 19,100 jobs in December, an annual growth rate of 2.7% versus 1.7% nationally. From December 2022 to December 2023, Texas added nearly 370,000 new jobs. https://t.co/ubDY9Nbcsr
dallasnews.com
The state’s labor market ended 2023 on a high note. More than 19,100 nonfarm jobs were added across Texas in December, bumping the state’s seasonally adjusted...
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A new year but the same job growth story…Texas is the nation’s job growth leader. RealPage reports that Dallas-Plano-Irving has added the country’s most jobs over the past five years. Overall, Texas has 4 of the top 10 biggest job gain markets. https://t.co/P4ZoBzUbE6
realpage.com
Over the past five years, a few key markets – located mostly in the South – logged very notable job growth.
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Pillar CEO and founder, Manny Ybarra, is speaking at Bisnow's State of the Collin County Market event on Tuesday, December 5th. Join Manny and other top executives to learn about trends/opportunities/challenges for Collin County real estate in 2024. https://t.co/EknrDRfBeK
bisnow.com
A deep dive into commercial real estate activity and trends including construction & design, capital markets, and the future of the suburbs across McKinney, Allen, Frisco and more
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Pillar Commercial wishes the Happiest of Thanksgivings to all our customers and employees. We are truly blessed to work with and serve so many wonderful people and have you as part of our journey. Thank you!
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